StockWatch
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Ship Building & Allied Services
Board Meeting11 Jun 2026, 05:51 pm

Bharati Defence Board to Consider Merger Scheme on June 17

AI Summary

Bharati Defence and Infrastructure Ltd has announced that its Board of Directors will convene on June 17, 2026, to consider and approve a proposed Scheme of Merger/Amalgamation/Arrangement. This scheme involves Exicom Technologies India Private Limited and Hind Simulation Training Private Limited as transferor companies and Bharati Defence and Infrastructure Limited as the transferee company, subject to necessary regulatory approvals. The board may also discuss ancillary matters related to the scheme. The company noted that the trading window for designated persons remains closed due to suspension, but will be reopened in due course.

Key Highlights

  • Board meeting scheduled for June 17, 2026.
  • To consider a merger scheme involving Exicom Technologies and Hind Simulation Training.
  • Bharati Defence to be the transferee company.
  • Scheme subject to regulatory approvals.
  • Trading window for designated persons remains closed.